Tag: Andrew Tan

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Alliance Global boosts growth with P59B investment

Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

Global expansion fuels Emperador earnings

Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.

Emperador eyes 2025 recovery with shift to budget brandy amid global headwinds

Emperador Inc., the liquor unit of billionaire Andrew Tan’s Alliance Global Group, is repositioning its brandy portfolio toward the lower-priced segment in a bid to recover from a difficult 2024, where net income dropped sharply on the back of weakening global demand and continued investment spending.

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Sugar surplus grows as local demand weakens— PSMA

The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.

Visayas grid on yellow alert again amid power plant outages

The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.

PAL, Qatar Airways expand partnership to boost Philippines–Europe travel links and loyalty benefits

The Philippine Airlines and Qatar Airways have expanded their strategic partnership to make travel between the Philippines, the Middle East, and Europe more seamless starting June 1, 2026.

Trinoma expansion poised to transform commuter traffic 

Ayala Malls is supercharging Trinoma with The Exchange at Trinoma, a new 40,000-square-meter retail and office wing designed to tap into rising commuter traffic and commercial activity at Quezon City’s upcoming Unified Grand Central Station.

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